Nations Direct Mortgage · Florida · 2025

Nations Direct Mortgage in Florida: approval rate, denial rate and rates (2025)

Nations Direct Mortgage took 447 mortgage applications in Florida in 2025, ranking #255 of 1,993 lenders active in the state. It originated 60.0% of them and denied 10.5% (14.9% of the applications it decided), against a statewide denial rate of 21.1%.

447Applicationsin FL
14.9%Decision denial ratestate 27.2%
6.75%Median ratestate 6.63%
$315,000Median loanstate $255,000
$101MVolume45 counties

Nations Direct Mortgage in Florida vs the state

10.5%Denial rate-10.55 pts vs state
14.9%Decision denial rate-12.32 pts vs state
60.0%Origination rate+7.27 pts vs state
6.75%Median rate+0.13 pts vs state
0.51Rate spread (pts)+0.24 pts vs state
$120kMedian applicant income
268Loans originated
47Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
202355224521.2%7.25%#219
202453427915.4%6.99%#233
202544726810.5%6.75%#255

What Nations Direct Mortgage lends in Florida

By loan purpose

Home purchase 306 68% · 8.8% denied
Refinance 33 7% · 15.2% denied
Cash-out refinance 107 24% · 14.0% denied
Home improvement 1 0% · 0.0% denied

By loan type

Conventional 284 64% · 9.2% denied
FHA 124 28% · 12.1% denied
VA 39 9% · 15.4% denied

Why it denied Florida applicants

Credit history 15 32%
Collateral 10 21%
Debt-to-income ratio 9 19%
Employment history 6 13%
Other 4 9%
Unverifiable information 2 4%
Insufficient cash 1 2%

Where in Florida

Counties with the most Nations Direct Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Duval County 79468 10.1%
Broward County 33145 15.2%
Clay County 27161 3.7%
St. Johns County 26202 7.7%
Palm Beach County 25162 8.0%
Pinellas County 25174 16.0%
Marion County 20112 10.0%
Hillsborough County 1862 11.1%
Pasco County 17131 5.9%
Miami-Dade County 1760 0.0%

Other large lenders in Florida

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 71,40515.3%6.44%
Rocket MortgageC 46,61121.0%6.63%
Bank of AmericaF 23,63437.7%6.24%
Pennymac Loan ServicesC 19,51614.1%6.50%
Navy Federal Credit UnionD 19,45223.2%7.59%
Crosscountry MortgageB 19,1035.2%6.75%
NewrezD 17,51922.4%6.75%
Dhi Mortgage CompanyB 16,66114.5%4.88%
Lennar MortgageA 14,98421.0%4.75%
Truist BankC 14,14041.5%6.60%

Frequently asked questions

Florida: 447 applications in 2025, of which 268 were originated and 47 denied.

10.5% of all applications, or 14.9% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Nations Direct Mortgage originated in Florida in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are Nations Direct Mortgage's own HMDA filing for properties located in Florida, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology